October 3, 2022
1 min read

‘Opioid crisis cost US $1.5 tn in 2020’

Opioid-related deaths soared during the Covid-19 pandemic, including from the powerful synthetic painkiller fentanyl…reports Asian Lite News

The economic toll of the opioid addiction and overdose crisis in the US reached nearly $1.5 trillion in 2020 alone and is likely to grow, a latest US Congressional report said.

Opioid-related deaths soared during the Covid-19 pandemic, including from the powerful synthetic painkiller fentanyl, exacerbating an already tragic and costly nationwide crisis that accounted for 75 per cent of the 107,000 drug overdose fatalities in 2021, Reuters reported, citing data from the US Centers for Disease Control and Prevention (CDC) as quoted by Xinhua news agency report.

“It’s equivalent to one 737 (jet) every day going down, no survivors. It’s a mind boggling number of deaths,” the report seen by Reuters, cited Representative David Trone, who sits on the Congressional Joint Economic Committee that issued the report, as saying.

The committee said in the report that after adapting a method used by CDC scientists and adjusting for inflation, it found that the crisis cost the US economy $1.47 trillion in 2020, an increase of $487 billion from 2019.

ALSO READ: Ex-US Army major, wife charged over plot to leak data to Russia

Previous Story

Thousands of Russians mobilised sent home, unfit for military

Next Story

Indian American gets Lifetime Achievement award in US

Previous Story

Thousands of Russians mobilised sent home, unfit for military

Next Story

Indian American gets Lifetime Achievement award in US

Latest from -Top News

Pakistan Loses $40 Billion in India Trade Freeze

Pakistan has suffered estimated economic losses of $40 billion since suspending trade with India in 2019, with businesses facing higher import, transport and logistics costs…reports Asian Lite News Desk Pakistan has incurred

US Strikes Iran’s Qeshm Island Near Hormuz

The US has reportedly struck Iran’s strategic Qeshm Island near the Strait of Hormuz as President Donald Trump weighs diplomacy against renewed military action…reports Asian Lite News Desk The United States has
Go toTop

Don't Miss

Trump’s classified documents trial postponed indefinitely

By indefinitely postponing the classified documents trial, Cannon’s order pushes

India-Middle East-Europe Corridor most ambitious of Biden’s PGII push

US President Joe Biden, the architect of the (PGII) hailed